Infra-Annual Labor Statistics: Working-Age Population Male: From 55 to 64 Years for Australia
Monthly, Seasonally Adjusted
LFWA55MAAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,507,163.00
Year-over-Year Change
0.71%
Date Range
2/1/1978 - 6/1/2025
Summary
This economic trend measures the monthly, seasonally adjusted U.S. labor force participation rate, which is a key indicator of the health and utilization of the national workforce.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This metric is widely tracked by economists and policymakers to assess the strength and availability of the U.S. labor supply.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Trends in labor force participation are crucial for understanding the overall state of the economy and can inform fiscal and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate was 62.2% as of the latest data.
- Participation rates tend to decline during economic recessions.
- Aging demographics are a long-term driver of lower U.S. labor force participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population that is either employed or actively seeking employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of the national workforce, providing important insights into the overall state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in labor force participation are closely monitored by economists and policymakers, as they can inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFWA55MAAUM647S), retrieved from FRED.